Due to Related Party

6 Months Ended

Dec. 31, 2016

NOTE 6—DUE TO RELATED PARTY

Parties, which can be a corporation or individual, are considered to be related if we have the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.

The Company received advances from the following related parties, under common control, to supplement the Company’s working capital.

	December 31,		June 30,
	2016		2016
Shenzhen Engage Mobile Technology Co., Ltd. (“Engage Technology”)	$	470,000	$	470,000
Shenzhen Datang Engage Telecom Co., Ltd. (“Engage Telecom”)		188,759		188,759
	$	658,759	$	658,759

Shenzhen Engage Mobile Technology Co., Limited became a related party after Engage International Technology Co., Ltd. purchased 75.61% of the Company’s Common Stock from two stockholders of the Company on April 9, 2015. The advance is unsecured, payable on demand and non-interest bearing. During the year ended June 30, 2016, the Company received $96,663, respectively, in advances from Engage Telecom. As of June 30, 2016, the balance of the advances from related parties was $658,759. On February 23, 2017, the payable balances to Engage Technology and Engage Telecom had been fully assumed by our sole officer and director, Mr. Hua Zhang.